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A forty year old Israeli competitor Oran Safety Glass has 400 employees, including a large and expanding facility in Virginia.They are delving into switchable glass for transportation using Niobium Oxide for a smaller particle. And claim that it requires less energy than EC, PLDC or SPD. Has less haze, requires less power, has a dynamic control (variable), and is half the cost of SPD, EC or PLDC.

The SEC charged Ronk with disseminating false and misleading information in connection with unregistered offerings of securities in two microcap companies: Casablanca Mining Ltd. and Gepco Ltd. According to the SEC's complaint filed in the United States District Court for the Southern District of New York, Ronk touted the issuers' illusory business prospects and made revenue projections without any basis in fact. As Ronk solicited investors to privately invest in Casablanca and Gepco, he also secretly schemed to create the appearance of market interest and a rising share price in their stocks. Further, Ronk allegedly recruited the owner of a boiler room to induce buyers to purchase shares at higher prices. According to the complaint, this manipulative trading temporarily drove up Casablanca and Gepco's stock prices and enhanced the credibility of the issuers while Ronk's capital raising efforts were ongoing.

The complaint further alleges that Ronk engaged in a fraudulent offering of securities in a private company, Wealthmakers, Ltd. Among other things, Ronk, an owner and co-founder of Wealthmakers, misled investors about trading returns that Wealthmakers purportedly generated, along with the amount of seed capital invested by Ronk and other officers of the company.

The Commission charged Ronk with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, as well as the anti-touting provisions of Section 17(b) of the Securities Act. The Commission is seeking a permanent injunction, disgorgement of ill-gotten gains along with prejudgment interest, civil money penalties, a penny stock bar, and an officer-and-director bar against Ronk.

The SEC's investigation was conducted by Brenda Wai Ming Chang, Howard Fischer, and Sheldon Pollock, with assistance by Timothy C. Nealon, under the supervision of Lara Shalov Mehraban. The litigation will be led by Mr. Fischer and Barry O'Connell.

"You cant redraw new lines in the sand. What is next years argument? PE numbers? One year its all a scam years later everyone is going to be fighting over REFR patents? I dont think so! You cant argue both ends here. You are arguing the company will never have enough sales to amount to anything. Then you take the other side and say its is so valuable everyone will fight over patents."

Since I said I was going to take a break from Nancy's board and post my replies here, I've kind of cornered myself into this awkward format, but I didn't want Finta's questions to go unanswered.

Sorry, Finta, but I can make both arguments and I am. The conceit of Harary's vision of REFR as the "royalty collecting, dividend paying machine" is that there's just one more hill to climb, they just have to get over the break-even point, and REFR shareholders get to feast on shrimp and crab balls on their private yachts in perpetuity thereafter.

Back in the real world, though, it just isn't that simple. Hitachi is not here to put REFR's interests ahead of their own. If they really have managed to turn the proverbial sow's ear that is REFR's SPD technology into a silk purse of something actually marketable, they're not going to just hand over a big cut of the profits to a company that contributed nothing to that effort, if there's anything they can do about it.

And it is most emphatically not necessary to concede Hitachi has succeeded in doing this, before pointing out that argument exists as a backup to the long-running bear case in REFR.

But go ahead, keep bidding up that stock. I'm sure it'll work out somehow.

REEFR Dilution Solution much like Xybernaut.. Current outstanding is 27,662,000 shares. When they had half as many shares outstanding the loss would double per share. REEFR Devotees have never understood basic REEFR math. If you double your shares outstanding, you halve your losses per share.

When life gives you lemons, make lemonade. That's turning out to be the motto at wearable tech maker Xybernaut (NASDAQ:XYBR), which released the following, rather curious earnings announcement back in November:

"The net loss for the third quarter of 2003 decreased 41% to $4.7 million from the third quarter of 2002. The net loss per share also decreased to $0.03 per share from $0.10 per share in the prior year."

Now, hold on a sec. What was that again?

The net loss decreased 41%. So, Xybernaut lost 41% less money this third quarter than it did in the third quarter one year ago. Sounds pretty good, aside from the fact that the company's still losing money.

But wait! There's even better news. The net loss per share shrank 70%! That means long-term Xybernaut shareholders who last year saw a loss of 10 cents for each share they owned are probably delighted this year to see their company only lose 3 cents a share. Things are clearly looking up for this developer of portable computers and related software.

Or are they? How does a company lose X dollars as a whole, but a whole lot less than X dollars per share?

By diluting the bejeezus out of the long-term shareholders.

It only takes a glance at the press release to see what happened -- you don't even need to hunt through the filings on FreeEdgar to find it. The first table in the press release has an entry for "Weighted average shares outstanding" for the three months ended Sept. 30, 2002, and for the same period in 2003. In 2002, Xybernaut had 78,011,017 shares outstanding. By Sept. 30, 2003, that number had more than doubled to 158,635,685 -- for a grand total of 103.3% annual share dilution.

And if you double your shares outstanding, you halve your losses per share.

However, share dilution is a double-edged sword. On the one hand, it can make your losses, per share, look better than they are on a company-wide basis. But if things turn around, and the company starts making a profit, then that profit gets divvied up among all the extra shares, too. Shareholders currently tickled at the narrowing losses per share may be less than thrilled when they see what 103.3% dilution does to their per-share profits.

The Democratic Socialists of America are preparing to launch a full campaign supporting Vermont Sen. Bernie Sanders in the Democratic primary, DSA memos show.The DSA may not support the Democratic nominee if someone other than Sanders wins the primary.One memo cited “developing propaganda” as a “primary task of the national DSA Bernie campaign.” Another memo stressed the “need to agitate for Sanders” among “rank-and-file union members.”The Democratic Socialists of America (DSA) have yet to publicly endorse Vermont Sen. Bernie Sanders, but for months they have been laying the groundwork to campaign for Sanders, and only Sanders, in the Democratic primary, planning documents obtained by The Daily Caller News Foundation show.

Three planning documents that were circulated among DSA members in January before Sanders’s Feb. 19 announcement lay out the DSA’s two primary goals for 2020: do everything possible to help Sanders win while using his campaign to legitimize the democratic socialist movement within American politics. The documents are included in full at the bottom of this article.

The DSA has yet to formally endorse Sanders. The national planning committee has a vote scheduled for March 21, but the planning memos treat the endorsement as a foregone conclusion.

The DSA won’t consider endorsing any “other candidate in the Democratic primaries,” according to a January 2019 exploratory report, which notes that the DSA began laying the groundwork to support Sanders’s campaign well ahead of its launch.

“If DSA is to play an important role in Sanders’s campaign — both growing DSA as a serious, independent, socialist pole in the broader Sanders movement, and helping Sanders win the Democratic Party primary and go on to defeat Trump in the general election — then it is essential that DSA get involved in this campaign as early as possible,” the report states.

The DSA’s pro-Sanders campaign “will have its own national campaign infrastructure, independent from Sanders’s official campaign,” according to the report, which left open the possibility that the socialists “will coordinate with the official [Sanders] campaign.”

As a DSA chapter co-chair I just wanna set the record straight for a minute: communism is good

The report notes that “in addition to developing propaganda and other national-level political interventions, a primary task of the national DSA Bernie campaign will be supporting the growth of local and state-wide Sanders campaigns.”

“This will primarily happen through facilitating the growth of DSA chapters, training and support of chapter activists, systematization and possibly centralization of key operations including data and fundraising,” the document continues.

“DSA’s national campaign should also, to the highest degree possible, involve DSA chapters in various organizing activities, such as putting on town halls, virtual phonebanking, or connecting down ballot DSA-backed candidates to DSA-for-Bernie efforts.”

DSA leaders plan to use Sanders’s campaign as a means of growing their numbers, much as they did during the 2016 primary.

“DSA has grown about 11 times over since 2015, from 5,000 members to 55,000,” the memo states, attributing the DSA’s support for Sanders in 2016 as a primary cause of that growth.

Activists march and rally against Immigration and Customs Enforcement (ICE) and the Trump administration’s immigration policies, across the street from the ICE offices at Federal Plaza, June 29, 2018 in New York City. The rally was organized by the Democratic Socialists of America and they are calling for the full abolition of ICE. (Photo by Drew Angerer/Getty Images)

U.S. Sen. Bernie Sanders (I-VT) stands on the statehouse steps during the annual Martin Luther King Jr. Day at the Dome event on January 21, 2019 in Columbia, South Carolina. (Photo by Sean Rayford/Getty Images)

The DSA plans to repurpose its Medicare for All campaign towards helping Sanders win the primary, according to another memo, which was prepared by the DSA’s Medicare for All steering committee.

The committee “believes that we should turn a good deal of our campaign infrastructure toward a DSA Bernie 2020 campaign when and if DSA endorses,” according to the memo. “DSA’s Medicare for All campaign has spent a year developing a national organizing infrastructure that can be utilized in DSA’s campaign for Bernie Sanders.”

“In many DSA chapters, the Medicare for All campaign or Health Justice Working Group represents the best springboard for Bernie 2020 work: these chapters have been involved in mass outreach and canvassing work around a proposal closely associated with Sanders’ name,” the memo continues.

Steering union members towards Sanders and away from establishment Democrats is a key objective of that campaign.

“The Bernie campaign gives us an opportunity to talk to rank-and-file union members and we should take that opportunity,” the memo states. “Union leadership will be slow to come out in support of Sanders because they feel tied to the Democratic Party establishment.”

“We need to agitate for Sanders among rank-and-file members in the hopes of building DSA’s ties to those members and pushing more unions to support Sanders this time around,” the memo continues.

“DSA’s chapters have spent the last few years building closer relationships to their local unions through Medicare for All coalitions; the Medicare for All regional organizers are well equipped to facilitate this aspect of the campaign.”

DSA spokesman Lawrence Dreyfuss didn’t return an interview request.

The DSA’s youth arm, Young Democratic Socialists of America (YDSA), is gearing up to support Sanders as well. YDSA passed a resolution at its 2018 summer convention to develop “a comprehensive plan for YDSA to actively support Sanders’s campaign in the event that he runs.”

The DSA’s national coordinating committee aims to “cohere YDSA’s existing national priorities with Bernie’s political platform in order to build a strong, independent student campaign for Bernie 2020,” according to the committee’s campus campaign plan. The socialists plan to “make YDSA’s campaign efforts around Bernie 2020 the leading student effort in support of Bernie.”

If Sanders doesn’t win the primary, the DSA may back a third-party candidate instead of the Democratic nominee.

“If Bernie Sanders is not the Democratic Party nominee, there will likely be very heated debates among DSA members about whether or not to back a different Democratic nominee, or an independent candidate, against Trump,” the January committee report noted.

The committee suggested “putting forward a resolution for debate at the 2019 convention addressing the question of whom to support in 2020 if Sanders is not the nominee.”

CNN FLASHBACK July 11 2014-> U.S.-Mexico's insecure 1,900-mile borderPublished on Jul 11, 2014 Just how penetrable is the border shared by the U.S. and Mexico? CNN's Tom Foreman takes a closer look. youtube.com